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World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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Explore different types of political risk insurance guarantees provided to investors and lenders.

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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About Dropdown Description

World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Projects Dropdown Descriptions

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Croatia

Raiffeisen Leasing d.o.o.

$43.3 million
Financial Services
Project Brief
Not Active
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MIGA has provided Raiffeisen Zentralbank Österreich AG of Austria a €33.25 million ($43.3 million) guarantee covering its non-shareholder loan of €35 million to Raiffeisen Leasing d.o.o. of Croatia (RLCR). The guarantee covers the risks of transfer restriction and expropriation for a period of five years.

This project is part of the overall regional expansion strategy of RZB. By expanding its operations in Croatia, RLCR will increase the availability of financing alternatives, providing leasing services to manufacturers and exporters, mostly small and medium-size enterprises. This is MIGA’s second project in Croatia with RZB.

RLCR continues to diversify its services and help the Croatian economy grow. Until now, it has focused on financing equipment and vehicles, with construction equipment for bakeries currently accounting for the largest share of the company’s portfolio. In the future, the company plans to capitalize on the strong growth of medical equipment leasing and machinery.

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